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>> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not c
>> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into...
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Jul 26, 2011
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jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and that's what it takes to indicate a healthy economy. so far the markets seem more focused on company earnings than the debt crisis. the dow down slightly right now, about 55 points, but eventually the markets will react to the lack of a debt deal. fox business network's rich edson live from washington with more on that. rich? >> reporter: well, jon, it stands on two different proposals right now, one pushed by republicans, the second -- naturally -- pushed by democrats. first off, to the senate plan, something offered by senate majority leader harry reid. cuts $2.7 trillion over ten years and then
jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and...
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Jul 26, 2011
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what is thought to be a basic subatomic particle and proof is provided by the big bang machine. these are massive 17 or 18-mile-long particle accelerators built in geneva, switzerland and illinois. and so what is the god particle and what is confirmation of the existence after decades of searching actually mean? joining me is eric pits from the franklin institute, chief astronomer, and derrick, this is going to grab a lot of people's attention and why is it called the god particle, and what is it? >> well, the god particle is known as a higgs bosign and it is by the standard methods of physics not discovered yet. this is crucial, because it is the one particle that scientists will help us to understand basic things about the universe as you said, be one of the most basic ones is that we don't understand why particles have mass, so it is hoped that by discovering this particle we might be able to figure that out as well as figure out things about the early history of the universe, et cetera, et cetera. >> and derrick, tell us more ant the big bang machines, and these are the mach
what is thought to be a basic subatomic particle and proof is provided by the big bang machine. these are massive 17 or 18-mile-long particle accelerators built in geneva, switzerland and illinois. and so what is the god particle and what is confirmation of the existence after decades of searching actually mean? joining me is eric pits from the franklin institute, chief astronomer, and derrick, this is going to grab a lot of people's attention and why is it called the god particle, and what is...
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Jul 26, 2011
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the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didn't get passed over to congress. the president could have adopted that. why didn't the president seize upon that and said let's get rid of those 3300? ' adopted a lot of simpson-bowles commission in the budget framework he laid out in the spring. a lot of the negotiations that took place with the speaker. the president and speaker were agreei
the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six...
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Jul 26, 2011
07/11
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there's no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we are up to the tax and i hope that president obama will join must this work. god bless you and your family and god bless the united states of america. >> speaker of the house john >> we are staying on top of the story, this is an historic highs in washington, d.c. one mike from tomorrow, the nation will have a default crisis unless there is a compromise, some sort of deal is worked out. i am wolf blitzer washington, special coverage continues right now with "piers morgan tonight." >> thank you for chain with us. >> bible start with you, the talk of compromise, it seems cheat me that both of the equivalent of the bay of pigs, who will blink first? >> the president doesn't have to say because he doesn't have a boat. it was a moment to isolate the republican speaker of the house and urge him to try to change pass and find out to compromise. we heard him hawed speaker peter tight and say you work with the president. i a
there's no symptom of big government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we are up to the tax and i hope that president obama will join must this work. god bless you and your family and god bless the united states of america. >> speaker of the house john >> we are staying on top of the story, this is an historic highs in washington, d.c. one mike from tomorrow, the nation will have a default crisis unless there is a...
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Jul 26, 2011
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. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that derailed a powerful titan. and she says tonight she will not sit silently while he might go free. it's an abc news exclusive interview with "good morning america" anchor robin roberts who's here with us now. robin. >> and, diane, that woman is nafissatou diallo. they call her nafi. a 32-year-old immigrant from guinea, west africa. in her first television interview, she painstakingly recounts the day she says she was sexually assaulted by dominique strauss-kahn -- the powerful man who, at the time, was the head of the international monetary fund. >> he come
. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that...
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Jul 26, 2011
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well, big news, big news, you guys. after months of negotiations, a deal has been reached to end the nfl lockout. [ cheers and applause ] or as china put it, "oh, great. glad you got that deal worked out. any word on the $14 trillion?" [ light laughter ] yeah. you might want to get working on that one." listen to this, guys. the company that makes the blackberry is laying off 11% of its workforce. >> audience member: yeah! >> jimmy: you can tell it's bad cause the ceo's announcement ended with the line "sent from my iphone." [ laughter and applause ] that's not good. that's bad. [ applause ] this is weird. on abc's "this week," a guest said rick perry won't win the presidency because after eight years of bush, there's a texas taint. [ light laughter ] in related news, i just received a $10,000 fine from the fcc for saying that. [ light laughter ] check this out, you guys. on "antiques road show" this weekend, a man found out that he had five cups worth $1.5 million. i've actually seen those. [ laughter and applause ] a
well, big news, big news, you guys. after months of negotiations, a deal has been reached to end the nfl lockout. [ cheers and applause ] or as china put it, "oh, great. glad you got that deal worked out. any word on the $14 trillion?" [ light laughter ] yeah. you might want to get working on that one." listen to this, guys. the company that makes the blackberry is laying off 11% of its workforce. >> audience member: yeah! >> jimmy: you can tell it's bad cause the...
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Jul 26, 2011
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we have a big show tomorrow. on the show, senate budget committee chairman kent conrad and congressman tom price from the budget committee, and former white house deputy press secretary bill burton and the new york times business reporter andrew sorkin and lawrence o'donnell host of "last word with lawrence o'donnell" on msnbc, and my colleague tamron hall is off today, and thomas roberts is standing in for her. >> we are following the latest at the white house where lawmakers are trying to come to a compromise. now in order to prevent default which is seven days away, what happens if america's credit rating is ultimately downgraded. >>> and david wu says he is resigning from office amid a sex scandal, but not immediately, and we will have details on "newsnation" up next. 3q double shift... i need a break. he needs some gellin'. yeahhhhhhh. gellin' is like having a teeny tiny foot masseuse in your shoe. you like ? nice ! dr. scholl's massaging gel insoles. outrageous comfort, all-day long. but afraid you can't af
we have a big show tomorrow. on the show, senate budget committee chairman kent conrad and congressman tom price from the budget committee, and former white house deputy press secretary bill burton and the new york times business reporter andrew sorkin and lawrence o'donnell host of "last word with lawrence o'donnell" on msnbc, and my colleague tamron hall is off today, and thomas roberts is standing in for her. >> we are following the latest at the white house where lawmakers...
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Jul 26, 2011
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it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >> reporter: right. nutter, otherwise also pronounced nuers means this is crazy. get straight to the headlines here. this is what the independents say in the uk. raising the debt ceiling may not be enough to prevent financial disaster. it says with drama of an episode of "mcgyver." the items action series president obama -- primed to rip through the financial markets one week from now. check this out. wj wnel says structural change will only succeed if it's a company by a moral argument unabashed cultural defense of the free flis sys
it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >>...